SOGI Seeks GST Relief for Online Gaming

New Delhi: Real money gaming firms-backed Skill Online Games Institute (SOGI) has demanded that the government levy 28 per cent GST on platform fees instead of on deposit for gaming companies in India, to prevent offshore platforms from taking advantage of significant tax arbitrage.

The demand comes ahead of the 55th meeting of the GST Council in Jaisalmer, Rajasthan on Saturday.

“The online gaming industry is in a nascent stage and the government and industry need to work together to harness the full positives of this industry for the economy and country.

The SOGI has approached the Indian government to put forward its recommendations that will allow India to harness the full potential of this huge industry for creating jobs and contributing to its GDP while simultaneously mitigating negative aspects such as addiction,” said Amrit Kiran Singh, president of SOGI.